TNBiz (TNBiz)
Czech markets  |  November 22, 2012 13:36:37

Aktuálně.cz: Former rebel Fuksa head to head Czech Aeroholding

PRAGUE (MEDIAFAX) - Former rebel MP for ODS and Petr Necas contender for the post of party leader Ivan Fuksa head after a short vacation in the Czech Aeroholding forehead. Fuksa should have as a managing director in charge of privatization, especially business, reported on Thursday, the news server writes.

Search for a strategic partner for CSA yet approved in early November the government of Petr Necas. Their parent company subsequently advised the fifty largest global carriers with a call for tenders for the purchase of CSA. Among them was missing domestic company Travel Service, which is the first attempt to sell CSA in early 2009 got to the second round of proceedings.

The state now plans to sell up to 50 percent minus one share CSA - ie so that even after the transaction, the company retained the status of the national carrier.

"If it is not due to the current difficult economic situation in the aviation industry are interested in participating in the tender offer or not interesting enough, not from the tender come no winner. By mid-2013 it will be clear whether the tender was found relevant strategic partner for CSA or not, "said Finance Ministry spokesman Ondrej Jakob.

According to earlier information on domestic airlines interested in four major airlines. In addition to Air France-KLM, which the national carrier would be interested three years ago, has come about Turkish Airlines, Etihad Airways of Abu Dhabi and Korean Air.

CSA last year were managed with a loss of 241 million before tax. In 2010 recorded a gross profit of 76 million crowns, which included but were sales of fixed assets for almost 2.7 billion. In 2009, the CSA had a loss of 3.7 billion crowns.

Czech Aeroholding became the majority owner of the airline at the beginning of September, when the Ministry of Finance transferred the 95.69 percent stake in CSA Aeroholding capital.

Jan Soukup,

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